Amer Sports, Inc. $AS Shares Sold by Junto Capital Management LP

Junto Capital Management LP decreased its position in shares of Amer Sports, Inc. (NYSE:AS) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,430,870 shares of the company’s stock after selling 68,701 shares during the quarter. Amer Sports makes up about 1.7% of Junto Capital Management LP’s portfolio, making the stock its 20th biggest holding. Junto Capital Management LP’s holdings in Amer Sports were worth $84,473,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Viking Global Investors LP increased its position in Amer Sports by 63.5% during the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after purchasing an additional 2,462,832 shares during the last quarter. Aspex Management HK Ltd acquired a new position in Amer Sports in the 3rd quarter valued at about $206,244,000. BNP Paribas Financial Markets grew its stake in shares of Amer Sports by 57.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company’s stock valued at $138,707,000 after buying an additional 1,457,951 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of Amer Sports by 139.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,887,480 shares of the company’s stock worth $150,679,000 after buying an additional 2,267,066 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Amer Sports by 32.5% during the 2nd quarter. Marshall Wace LLP now owns 3,747,775 shares of the company’s stock worth $145,264,000 after buying an additional 918,361 shares during the last quarter. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on AS shares. Truist Financial set a $49.00 price objective on Amer Sports in a report on Wednesday, February 25th. Barclays assumed coverage on Amer Sports in a research report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. UBS Group reissued a “buy” rating on shares of Amer Sports in a research report on Friday. Finally, Nomura set a $39.80 target price on shares of Amer Sports and gave the company a “buy” rating in a research report on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Amer Sports currently has a consensus rating of “Buy” and a consensus price target of $47.12.

Amer Sports Stock Performance

Shares of Amer Sports stock opened at $32.32 on Monday. The stock has a market capitalization of $17.90 billion, a price-to-earnings ratio of 43.10, a price-to-earnings-growth ratio of 1.29 and a beta of 2.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. The business has a 50-day moving average of $37.53 and a 200 day moving average of $35.94. Amer Sports, Inc. has a 12 month low of $20.21 and a 12 month high of $42.76.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the prior year, the company earned $0.17 earnings per share. The business’s quarterly revenue was up 28.5% on a year-over-year basis. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. As a group, sell-side analysts forecast that Amer Sports, Inc. will post 0.46 earnings per share for the current year.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).